The White House just released a statement touting a provision in the financial reform bill, which President Obama signed into law Wednesday, that requires companies registered with the Securities and Exchange Commission to disclose “how much they pay to foreign countries and the U.S. government for oil, gas, and More…
Peter Beinart is bullish on President Obama:
The larger truth is this: Even as Republicans claim political momentum, the country is in the midst of a major shift leftward when it comes to the role of government. That shift is playing itself out from infrastructure to health care to
There’s no mystery about the inspiration for this one.
Sen. Robert Byrd (D-W.Va.) yesterday introduced an amendment to the Senate financial reform bill that would force companies to disclose safety and health information to their shareholders.
The proposal is a response to the horrific April 5 explosion that killed 29 More…
Mike Konczal of the Roosevelt Institute and the blog Rortybomb has a useful chart and paper outlining what to demand from Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill — the provisions that will ensure financial security — along with the chances of each provision making it into the More…
With Sen. Chris Dodd (D-Conn.) on the cusp of pushing his financial regulatory reform bill through Congress, the head of the Senate Banking Committee is looking forward to the next legislative fight, over housing and mortgage finance. This morning, Dodd said that the government-sponsored enterprises — Fannie Mae, Freddie Mac More…
Senators agree that the banks are too big. But multiple bills and possible amendments circulating on the Hill offer different solutions to that problem. Here is a primer on the main proposals.
The American Financial Stability Act: Sen. Chris Dodd’s (D-Conn.) financial regulatory reform proposal is due to be More…
Talking Points Memo reports that Sen. Richard Shelby (R-Ala.), the ranking member of the Senate Banking Committee, says Republicans are close to supporting Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill. “We’re very close to a deal and there will be a substantial number of Republicans that go along More…
Financial regulatory reform uses multiple complex provisions to force banks to raise capital and lower risk. Today, Sen. Charles Schumer (D-N.Y.) offered his support for a blunter instrument: a bank tax.
“I think the administration’s proposal is a common-sense way to make sure that money should be repaid, and More…
The Hill reports on the battle brewing between liberal and conservative Democrats over whether to move forward with a clean energy bill that does not address carbon emissions or to roll some of that bill’s provisions into a larger energy and climate bill. Ultimately, that question could be answered More…
This morning, White House Press Secretary Robert Gibbs announced that President Obama will give a speech on financial regulatory reform from New York City on Thursday:
Almost two years after the crisis hit and almost one year after the Administration first laid out a detailed plan for holding Wall Street
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